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Sri Lanka risks losing USD 70 million debt relief– Verité Research
Sri Lanka may lose out on USD 70 million in potential debt relief under its Governance-Linked Bond (GLB) due to a fiscal planning oversight, according to Verité Research. The interdisciplinary think tank noted that while the Government’s revenue targets for 2026 and 2027 align with the latest IMF projections, they fall just short of the thresholds required to trigger the GLB-linked debt relief. [...]